Abu Dhabi Ports, Kazmunaygas Plan Joint Tanker Construction For Oil Transportation
Date
8/26/2023 7:54:53 PM
(MENAFN- Trend News Agency) KAZAKHSTAN, Astana, August 27. Abu Dhabi Ports
Group (ADP) and KazMunayGas, national company of Kazakhstan, are
planning to collaborate on the joint construction of tankers for
oil transportation in open seas and the Caspian Sea in the near
term, Magzum Mirzagaliyev, Chairman of the Management Board of
Kyrgyzstan, said, trend reports.
This was announced during his meeting with Board Chairman of ADP
Mohamed Juma Al Shamisi, following Mirzagaliyev working visit in
Abu Dhabi, UAE.
Mirzagaliyev emphasized that with the expansion of the tanker
fleet in the future, their joint venture, Caspian Integrated
Maritime Solutions (CIMS), could evolve into a global maritime
logistics player.
He also said that the two sides are actively working to expand
the pool of international companies utilizing their oil
transportation services. Currently, the joint tanker pool of
Kazmortransflot National Maritime Shipping Company (a subsidiary of
KazMunaiGas) and ADP consists of four vessels.
It was noted that a contract was signed for the transportation
of Tengiz crude oil in international waters in collaboration with
Chevron in 2023. Kazmortransflot and ADP tankers have begun cargo
transportation under this agreement.
By the end of the present year, an addition of three more ADP
tankers is anticipated in the pool – 2 Aframax vessels (with a
deadweight of 115,000 tons each) and 1 Suezmax vessel (with a
deadweight of 130,000 tons).
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